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Updated over 3 years ago on . Most recent reply
How to apply for an Investment mortgage line of credit?
I am looking to secure a line of credit on my investment property. It has an investment mortgage ( notated on banking website). I do not know how that works since it is not my primary home. I know there has been a freeze at some banks on HELOCs. Currently over $200k in equity in the property and I would only look to secure $100k or less because of market right now. What are the options for this type of line of credit?